State and local governments spend more than $3.7 trillion every year on procurement. The federal government spent more than $750 billion in 2023. That’s nearly $4.5 trillion of taxpayer funds spent ...

New research of global procurement leaders reveals a widening performance gap between technology adopters and laggards and warns that the biggest avoidable barrier to AI adoption is overconfidence. Ke ...

Organizations in all sectors need to do all they can to retain valuable employees, and one way they can do that is by ensuring those employees have all the tools they need to do their jobs. From a ...

AI procurement startup Lio announced a $30 million Series A in a round led by Andreessen Horowitz.

For a legal CIO, one of the key responsibilities is to establish that the organization has the right technology in place to support its operations and achieve its business goals. This can be ...

As the cloud increasingly dominates both public and private sector operations, its impact on procurement has become a topic of focus in recent years. According to experts in the field, migrating to ...

AppDirect Inc., a startup helping organizations procure technology services more efficiently, today announced that it has secured $100 million in fresh funding. Canadian asset manager CDPQ provided ...

Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office function into a strategic business driver. Where procurement teams ...

Aera Technology, a leader in decision intelligence, today announced that it has been named to The Hackett Group’s 2025–2026 ...

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

The bipartisan legislation aims to both expand access to special acquisition authorities and give new, innovative contractors more opportunities to work with the government. Sens. Gary Peters, D-Mich.

Fortune 500 global IT company DXC Technology announced Wednesday that it has appointed Anders Lange as chief procurement officer. In the role, Lange will lead the Ashburn-based company’s global ...